Day trading strategy for dollar index

The dollar index trading lower this morning below the PLOD and
towards the upper third of the bullish price channel.  We take our time with this 144-range chart on
the dollar index to extract all of the vital information we need to be at our
trading-best this morning.  Remember the dollar
index correlation is always in play, except when the volume is low it starts to
lose its effectiveness.  This morning
with contract rollover we know the volume is lower and this dollar index correlation
will likely be weak this morning until we see something change.

We can see a strong bullish price channel with trend lines
from the higher-highs and lower-lows creating it.  We can see the trigger-zone support below us
at 81.515 and the short term sideways trading range from PHOD down to
82.055.  we can see the double-bottom gave
us major resistance at 83.805 and the dollar index reverses off this resistance
only to show remarkable strength from the buyers when it held the support at
82.055, which tells us that the dollar index SHOULD HAVE dropped all the way
down to at least 80.000 and did not.  This
is a sign of a strong dollar index, and we will use this clue to help define
the market personality on the dollar index and define our day trading strategy for
the markets we trade today.

The 55-range chart allows us to find all the little technical
clues that we could not on the slower 144-range chart timeframe.  We can see a bullish price wedge and a big
GAP in price on the chart, which leads us to assume that after 930am EST when
the charting software downloads directly from the CME Exchange rather from
NinjaTrader Servers this will be filled in. 
SO check back after 930am EST.